TOP-5 Mistakes of Beginners in Cryptocurrency (and How to Avoid Them)
1. Investing Everything at Once.
Many beginners invest all their money in one coin or enter with a large sum right away.
Advice: always distribute investments into parts and enter gradually.
2. Not Conducting Their Own Analysis (DYOR).
Buying a coin just because "a friend said" is a direct path to losses.
Advice: study the project yourself: the team, technology, goals, and prospects.
3. Keeping Crypto on Exchanges.
Exchanges can be hacked or accounts can be frozen.
Advice: use cold wallets for storing large amounts.
4. Selling in Panic.
The crypto market is very volatile: yesterday -10%, today +20%. Beginners often dump assets during a drop.
Advice: have a clear plan and stick to it, do not react to every movement.
5. Chasing "Quick Gains".
In the pursuit of coins that promise "1000% growth", many lose everything.
Advice: it's better to bet on long-term, stable projects.
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In crypto, it is not the one who guesses the pumps who survives, but the one who acts with wisdom and patience.
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